WeedMD Inc (CVE:WMD) (OTCQX:WDDMF) (FRA:4WE) reported that its terpene-infused, one-gram Saturday Cannabis vaporizer was named “Top Selling Vape” for January at the Ontario Cannabis Store (OCS), as the product’s availability expands to retailers as well as other Canadian provinces.
The company also confirmed that its Color Cannabis products are now available in 15-gram nitrogen-infused pouches through the OCS, Canada’s largest cannabis retail distributor, in award-winning strains such as Pedro’s Sweet Sativa, Ghost Train Haze, and Black Sugar Rose.
“This is expected to be a breakout year for our Saturday Cannabis and Color Cannabis adult-use product lines as consumers in Canada’s largest retail market purchase our terpene-rich, quality-derived products and help expand our brand recognition nationally,” WeedMD Senior Vice President of Commercial Sales & Marketing Joseph Mele said in a statement.
READ: WeedMD on a pathway to profitable growth as it accelerates its Cannabis 2.0 efforts
He added: “Market feedback is paramount to our success and Ontario provides a discerning audience for our flavour-rich products.”
“Our teams take this valuable consumer input and apply it to everything from our product offerings, packaging innovation and freshness control and we’re proud of the new line-up being released nationally in the coming months.”
WeedMD noted that when compared to over 30 available brands, according to OCS-provided data, Saturday ranked first in the one-gram category and when compared to all other vapes sizes, it ranked in the “OCS Top 4.”
The company added that starting this month, it will be shipping Boveda humidity control packs with all of its dried flower products across Canada, to preserve the freshness and terpene-profiles for which WeedMD products are recognized.
In addition to Saturday Cannabis vapes available in Sour Pineapple and Lemon Haze, WeedMD also produces strain-specific Color Cannabis vapes, in Pedro Sweet Sativa and Ghost Train Haze.
WeedMD said all vape products are produced at the company’s state-of-the-art extraction hub in Aylmer, Ontario, utilizing its own terpene-rich indoor and outdoor biomass.
The company is also the exclusive Canadian supplier and distributor of acclaimed US-based wellness house Mary’s Medicinals, with topicals production underway at WeedMD’s extraction hub.
WeedMD added that a product update will be provided in the coming weeks, with products expected to launch in 1Q 2021.
Contact Sean at sean@proactiveinvestors.com